CONTRARIANS NFT LICENSE AGREEMENT
Date Last Revised: Jan 13th, 2025
This Contrarians NFT License Agreement (the “License”) (together with our Terms of Service, Privacy Policy and any other documents referred to herein) is a legally binding agreement entered into between Dagora Labs, LLC (“Dagora”) and you. When you acquire a Contrarians NFT and subject to your compliance with the terms of this License, you own all personal property rights to the token underlying the Contrarians NFT (e.g., the right to freely sell, transfer, or otherwise dispose of that Contrarians NFT), but you do not own the associated artwork, brand, or other intellectual property associated with that Contrarians NFT, except for the specific licensed rights set forth below.
DEFINITIONS
“Affiliate” means, with respect to any specified party, any entity, individual, firm or corporation, directly or indirectly, controls, is controlled by, or is under common control with such party, including without limitation any general partner, managing member, officer, director or trustee of such party, or any venture capital fund or registered investment company now or hereafter existing that is controlled by one or more general partners, managing members or investment advisers of, or shares the same management company or investment adviser with, such party, where “control” is defined as directly or indirectly possessing the power to direct or cause the direction of the management and policies of the Affiliate, whether through ownership of voting securities, by contract or otherwise.
“Art” means any digital creation and metadata, which may include, as applicable, artwork, content, graphics, images, designs, logos, drawings, photographs, text, taglines, or video or audio recordings or any image, name, or the like first released to the public by the Creator, that may be associated with a Contrarians NFT that can be transferred or licensed to an Owner (subject to the limitations set forth herein).
"NFT" abbreviation for non-fungible token means a unique digital identifier that cannot be copied, substituted, or subdivided, that is recorded in a blockchain, and that is used to certify authenticity and ownership.
“Contrarians NFT” means any Contrarians branded or themed NFT created by or on behalf of the Creator.
“Creator” means Dagora, the entity which created and released to the public Contrarians NFTs, and related Art.
“Effective Date” means the date on which this License becomes attached to the Contrarians NFT for the first time it is released and acquired, or thereinafter subsequently acquired, by the Owner, and this License shall be deemed as entering into force on that date.
“Owner” means the current owner of the Contrarians NFT. In case of transfer of ownership, including via resale, the recipient becomes the sole owner of the purchased Contrarians NFT. There can be several different owners of each Contrarians NFT throughout time but only one Owner at a time.
“Own” means, with respect to a Contrarians NFT, an Contrarians NFT that one has purchased or otherwise rightfully acquired from a legitimate source, where proof of such purchase is recorded on the relevant blockchain, thus becoming the Owner of the purchased Contrarians NFT.
“Resale” means the sale by the Owner of the purchased Contrarians NFT, and rights to the Art, to a subsequent buyer, which shall own the purchased Contrarians NFT and rights to the Art (to the extent the rights to the Art set forth in this License) upon its effective purchase and thus become its new Owner.
“Assignment” means any and all assignment by the Owner of all its rights, titles and interests in and to the intellectual property rights on the Art (to the extent actually assignable) to the subsequent buyer of the purchased Contrarians NFT.
PURPOSE
This License is intended to govern the terms and conditions of assignment of rights, titles and interests in and to the intellectual property rights on the Art to which this License is attached.
The License shall govern the primary Assignment under which the Creator assigns to the primary Owner certain intellectual property rights on the Art and all secondary Assignments between the Owner and subsequent buyers of the Contrarians NFT, where applicable.
The License shall be effective as of the Effective Date and remain in force as long as it is still attached to the Contrarians NFT. By acquiring the purchased Contrarians NFT, and related Art, in any way whatsoever, the Owner hereby acknowledges having read the content of this License and agrees to abide by its terms and conditions set forth herein.
In creating this License, we acknowledge that the way people create, use, and monetize their NFTs is evolving and changing. We have developed this License seeking to protect the hard work and creativity of the Creator, on the one hand, while granting Owners the freedom and flexibility to fully enjoy their Contrarians NFT and related Art. We are open to our community’s feedback on this License and may revise and publish amended versions from time to time.